A reaction:
[text unsure] I think he is getting at seeing the painting (or whatever) as a physical object, and seeing it as the experience which results from the object. The alternation of the objective and subjective views. Reminds me of Thomas Nagel.

A reaction:
Wimsatt and Beardsley quote this as the romantic antithesis of their own view, but there is a blurring between understanding a work and judging. Personally I consider intentions essential for understanding, and valuable for judgement.